For more information regarding the value of a property, please contact us for a free consultation.
73538 Sun Valley DR 29 Palms, CA 92277
Want to know what your home might be worth? Contact us for a FREE valuation!
![Alyssa Stalker](https://cdn.chime.me/image/fs/user-info/2024124/19/w600_original_9a77a4b6-2cb8-4f7c-ace1-2a95a0e04458-png.webp)
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $638,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID JT25030462
Sold Date 02/10/25
Construction Status Turnkey
HOA Y/N No
Year Built 2005
Lot Size 0.543 Acres
Property Description
Maximize your investment portfolio with this impeccably maintained 4plex, strategically located in 29 Palms, California. Each unit in this complex offers a spacious 1,280 sqft layout with 3 bedrooms and 2 baths, presenting an ideal living arrangement that attracts and retains tenants. Stable Income Generation: Monthly rents are attractive with Unit 1 at $1,625, Unit 2 at $1,500 (recently remodeled), Unit 3 at $1,575, and Unit 4 at $1,625. Low Overhead: As the landlord, you are only responsible for water and trash services, each unit offers its own electric and gas meters enhancing net operational income. High Tenant Demand: The desirable floor plans feature open-concept living areas, large kitchens with ample storage and counter space, luxury vinyl plank flooring throughout, and each unit has its own laundry room increasing tenant appeal and supporting premium rental pricing. Quality Upgrades: All units boast large stainless steel sinks, upgraded faucets, modern water heaters, and updated lighting fixtures. Units 1 and 2 have been upgraded with a new 2,500-gallon concrete septic tank. Enhanced Tenant Comfort: Features dual-pane windows with treatments, annually serviced central HVAC systems, and new water-efficient toilets to ensure a comfortable living environment. Additional Amenities: large carports for parking and each unit has an additional exterior storage. Unit 4 offers a large fenced backyard for added privacy and outdoor enjoyment. Owner Pride & Maintenance: The current owner's commitment to excellence is evident, with regular upgrades and meticulous maintenance ensuring the property remains in top condition. This dedication not only preserves the property's value but also keeps occupancy rates high. This 4plex represents a turnkey solution for investors seeking a property that combines high yield with low maintenance in a growing market. The consistent upkeep and strategic updates have positioned this property as a superior offering in the local real estate market. To view each unit virtually copy and paste the URL into your search browser.
Unit 1: https://my.matterport.com/show/?m=rJ9dQZsEpEP
Unit 2: coming soon
Unit 3: https://my.matterport.com/show/?m=1jQkbfg7wB9
Unit 4: https://my.matterport.com/show/?m=acW3pJm6qQG
Location
State CA
County San Bernardino
Area Dc726 - Four Corners
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan
Laundry Inside, Laundry Room
Exterior
Parking Features Carport
Carport Spaces 4
Pool None
Community Features Hiking, Near National Forest
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot
Story 1
Entry Level One
Sewer Septic Tank
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 0618281010000
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
Read Less
![California Regional MLS (CRMLS)](https://cdn.chime.me/image/fs01/agnentinfo/20170306/22/h600_original_12779640049122169-png.webp)
Bought with Sean Dittmer • C & S Real Estate, Inc.